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PARIS--China's well-heeled shoppers splurged in the fourth quarter on Louis Vuitton, Dior and other luxury brands owned by LVMH Moet Hennessy Louis Vuitton (MC.FR), defying a Chinese economic slowdown and the threat of a trade war between Washington and Beijing.

French luxury-goods company LVMH is scheduled to report full-year results for 2018 on Tuesday, Jan. 29. Here's what you need to know: SALES FORECAST: Analysts expect the luxury-goods giant's fourth-quarter revenue to be EUR13.78 billion, according to consensus expectations provided by FactSet. NET PROFIT FORECAST: LVMH's net profit for the year is expected to rise to EUR6.47 billion, according to a FactSet-provided consensus estimate.

Burberry Group PLC (BRBY.LN) said Wednesday that third-quarter revenue fell slightly but backed its full-year outlook, rebutting concerns of a slowdown in Chinese sales. Retail revenue came to 711 million pounds ($918.3 million) for the 13 weeks to Dec. 29, down 2% at constant exchange rates. Comparable store sales rose 1%, it said.

French luxury-goods company LVMH Moët Hennessy Louis Vuitton SE said Friday it has agreed to acquire Belmond Ltd., a London-based owner and operator of high-end hotels around the world. LVMH agreed to pay $25 a share in cash for Belmond, a transaction that values the company's equity at around $2.6 billion.

French luxury-goods company LVMH Moët Hennessy Louis Vuitton SE said Friday it has agreed to acquire Belmond Ltd., a London-based owner and operator of high-end hotels around the world. LVMH agreed to pay $25 a share in cash for Belmond, a transaction that values the company's equity at around $2.6 billion.

Gucci is a huge hit with millennials, but investors are proving a tough sell. Although there is no sign of a meaningful slowdown, parent-company Kering looks heavily reliant on the luxury brand, which generates 83% of group operating profit.

The growing impact of direct-to-consumer marketers like Warby Parker, Dollar Shave Club Inc. and Casper Sleep Inc. has inspired countless others to try disrupting new sectors with similar tactics. But incumbents can take some solace: Building a durable DTC business isn’t as easy as the flood of ads in social media and on subways and buses make it look.

Elite brands’ overreliance on Chinese shoppers became obvious in 2018. Among the pitfalls: Sales could turn volatile if consumers curtail spending, and courting Chinese tourists too much may cause overcrowding in European stores.

U.S. stock futures fell as European Central Bank chief Mario Draghi said Thursday that risks are moving to the downside, while China disclosed disappointing economic data on Friday, underscoring that Draghi may have reason for concern.

Albert Frere turned a family nail-making business into a steelmaking powerhouse before taking control of Groupe Bruxelles Lambert. Mr. Frere went on to take stakes in companies across Europe, becoming a familiar scold to corporate boards.

Gucci is a huge hit with millennials, but investors are proving a tough sell. Although there is no sign of a meaningful slowdown, parent-company Kering looks heavily reliant on the luxury brand, which generates 83% of group operating profit.

The growing impact of direct-to-consumer marketers like Warby Parker, Dollar Shave Club Inc. and Casper Sleep Inc. has inspired countless others to try disrupting new sectors with similar tactics. But incumbents can take some solace: Building a durable DTC business isn’t as easy as the flood of ads in social media and on subways and buses make it look.

LVMH Moet Hennessy Louis Vuitton ADR

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories form men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.
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